Automotive Market News - Latest Updates & Headlines
Maruti Suzuki to hike car prices by up to 4per cent from April 2025
New Delhi, March 17: Maruti Suzuki, India's largest car manufacturer, has announced a price hike of up to 4per cent on its vehicles, effective April 2025.
Israel sees 16.8 per cent drop Year-to-Year in February vehicle imports
Tel Aviv, March 11: In February 2025, vehicle imports to Israel totaled 13,312 vehicles (private) compared to 15,998 in February 2024, a decrease of 16.8 per cent. Imports of commercial vehicles amounted to 737 vehicles compared to 867 in February 2024, a decrease of 15 per cent.
Tesla & BYD will give little competition to domestic manufacturers: Anand Rathi
New Delhi, March 7: The Indian passenger vehicle (PV) sector is unlikely to see significant disruption from fresh competition in the medium term, according to a report by Anand Rathi.
Volkswagen to launch Golf GTI, Tiguan R-Line in India by Q2 2025
New Delhi, March 6: Volkswagen India is set to introduce two globally renowned models, the Golf GTI and the Tiguan R-Line, marking a significant expansion of its premium portfolio in the Indian market.
Automakers clock robust SUV sales in India in February
New Delhi, March 1: Automakers in India on Saturday reported robust SUV sales figures for the month of February, as private consumption continued to rise amid resilient economy.
Auto sales up 6.6 pc in January, dealers have mixed expectations for coming months: FADA
New Delhi, February 6: The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year (YoY) in January, according to the latest report by the Federation of Automobile Dealers Associations (FADA).
Total value of imports to Israel USD 89.5 billion in 2024
Jerusalem, January 14: The Israel Tax Authority reported that the total value of all imports in 2024 amounted to USD 89.5 billion, an increase of only 1 per cent compared to 2023. In December 2024, it amounted to USD 9.3 billion, an increase of 29.5 per cent compared to the value of imports in December 2023. The increase was largely explained by a sharp increase in vehicle imports. The value of imports would have been higher in December 2023 if it were not for the security threat in the transfer of goods through the Red Sea.
Hyundai Motor Group posts record sales in US in 2024
Seoul, Jan 5: South Korea's Hyundai Motor Group said on Sunday it has posted record sales in the United States in 2024, driven by the popularity of SUVs, minivans and eco-friendly models.